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20121201
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
's turn to the global economy. associated press reporting that china has surpassed the u.s. as the leading trade partner. this comes as china announces the inflation rate rose 2% one month alone. sign of an economy gaining strength. what does it mean? brenda buttner, anchor of "bulls and bears." i was reading this article where shoppers in beijing have seen the prices of vegetables double in one week alone. inflation is a problem over there. what is causing it? >> basically it's not a bad problem, it's growth. china has numbers we can only dream of, growth of about 8%, we're below 2%. their factory output was up 10%. retail sales, 15%. so it is basically growth driven not supply side driven which is the kind of inflation you want to see. it's only 2%, that is well below the target of 4% is. it came down from 6.7%. >> gregg: so it's an issue not really a problem and outweighed by the huge growth. how does the inflation american consumers if at all? >> we buy a lot from china. it may be that some of the input may be more expensive. we may have to pay more, but it's more that china is becomin
obama is targeting gun rights in the second term. a little later, china great wall of cash is revitalizing the struggling u.s. housing market. but is that a good thing? we'll investigate. >> special olympics. >> in a worthy cause, i tackle my fear of heights for the special olympics. each week they use the headquarters as profiles people helping people and we will introduce you to a special athlete. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. >> shannon: egyptian president mohammed morsi set a date for draft constitution, but the draft is hanging in legal limbo. the highest court is postponing its ruling on the legitimacy of the assembly that wrote it because they fear the protest happening near the court. opposition groups continue to protest morsi's power grab while supporters are protesting action by the court. come thursday, adults in washington state wil
china and europe and japan are having major problems of their own. that could affect the way they do business with us. joining us is to talk about, ed, good to see you. biggest problem some of these governments to stimulate their economies, die let's just print a bunch of money. that has catastrophic events with them and even with the united states that may tried traded with them. >> that seems to be just to print money. that is not how it works. when somebody prints money, it's devalues their currency which makes anything they want to export or anything that they are importing more expensive. that is why your food is more expensive because we imported a lot of that. that is why energy is more expensive because we import a lot of that. if every country is doing that, its race to the bottom how quickly they can devalue their currency. >> we trade with so many different nations. we trade with europe and certainly with china. look at our trade imbalance and you can figure that out. europe has only a handful of countries that are doing decently? >> there is about six. they are in the nor
. managing relations with russia and china will be certainly at the top of the list. and of course, the most important issue of all, how to keep america safe, which is the organizing principle of any nation's foreign policy. if you can't protect your homeland, frankly, you don't need a foreign policy. that's at the top of the list. the intersection between politic, national security. this is going to be an incredibly challenging job at a critical moment, both in the nation's foreign policy and its national security. >> jamie: aaron david miller, who has advised six secretaries of states. please, we are asking you, as we see who is elected for this position and the national security team, come back, weigh in, let us know how they are doing on that. >> love to, jamie. take care. >> jamie: all the best. >> eric: jamie, we are awaiting a news conference on the latest on the school shooting in connecticut. that's what is going to happen. it's newtown and the podium being set up, as the cameras and the reporters and the news media are getting ready for the law enforcement official who is will give
sectors? >> first of all before we ring the death bell on manufacturing, u.s. is above china. we are seeing a resurgence of factory jobs, guess where. >> gregg: southeast. >> why. >> gregg: right to work states. >> businesses don't want to move to places where unions are. in those southeast states, union membership tends to be half what it is on the national achblg which is only 12% right now. even though we see that unemployment is lower in right to work states, but wages are lower, as well. that is kind the tradeoff but businesses want to go there. we are seeing companies from china coming in into the u.s.. >> gregg: i bmw, hyundai, honda and you got american companies, g.e., boeing, apple, michelin, they like that southeastern region because that is where the unions aren't. final quick question, if congress fails to strike a deal it will get a whole lot worse? >> the cbo which is supposed to be non-partisan we're going into a double-dip recession. a lost taxes. you look at your paycheck, the first one in january you are going to see a lot less money. >> gregg: it's not just th
india, china, pakistan and other areas. coming in and taking the jobs that belong to the u.s. u.s. residents. we also need high-tech skilled workers in >> this is political bait both sides. this has no chance to pass in lame duck congress. i agree with bob 100%. conditioning refuses to have the dialogue. this is a dialogue about what the country needs for reform. call it a dream act or achieve actth they have having the conversation. everybody agrees there is common ground like children of undocumented aliens that went to school here and consider themselves american. want to be legal residents. citizenship we talk about that later. new day and new year. we are going to move forward. >> eric: this is unbelievable. retractible issue. you threw out topics. how do we the problem when we have undocumented people here and they aren't going anywhere? >> do the math. 12 million people. $1,000 a year in the social security system in the next 20 to 30 years. potential, i'm not good at math. by $360 billion. talk with the pocketbook guys. we need the tax contributors. look at what we have
currently not on-line. >> critics say the conference raises a specter of china and russia replacing innovation and openness with sensorship. and while the u.n maintains this is not about controlling the web. analysts say the conference appears to be a steady part of the drip drip that under cuts free do. in washington, fox news. >>> tragedy overshadowing the duchess of cambridge's baby joy. we now have a picture of the british nurse who is believed to have taken her own life following a senseless phone call prank. plus what the royal couple is now saying about the nurse. >> the wrapping sensation is apologizing for a tirade he has made against the u.s. >> and fiscal fighting. the holdup on the on going budget talks and why lawmakers say they are getting frustrated with the white house. >> there are a lot of things that are possible to put the revenue on the table. none will be possible. the president insists on his position. insists on my way or the highway. >>> he may be known for "gagnan style" but now he is apologizing for lyrics earlier in his career. it talks about killing fami
is ready to grow next year. china has bottomed, europe has stabilized so there are some things in place that can help offset these additional taxes and cuts to government spending. >> now, you mentioned two years ago shall the spending cuts, the fiscal cliff, it was designed to force washington to deal with the nation's long-term debt problem. and instead, here we are, a final hour, who knows what will happen next and i want to specifically ask you about the lack of progress on those structural issues like entitlement spending because even the plan c isn't touching that. so that means regardless of what happens before january 1st, investors will then be dealing with a certain degree of political risk long-term after the fiscal cliff deadline has passed. so, how will that affect the market on the economy in terms of spending cuts? >> well, my fear is that the compromise will be that we get the tax increases and they postpone the spending cuts and that's the ultimate objective. >> yes he. >> and you know, that is something that the economy will recover from and something will adjust to. r
of a particular chemical that could make your child very sick. they have been shipped in from china. and also some other toys as well obviously. >>> a new legal battle is shaping up on capitol hill involving a terrorist attack in the u.s. consulate in benghazi, libya on september 11th. lawmakers are trying to get to the bo the tom of what happened happened -- get to the bo bottom of what happened. it left four americans dead including the u.s. ambassador chris stevens. now the spotlight will return to the secretary of state hillary clinton. a top republican lawmaker says she will heavy at her committee's hearing on the terror attacks. >> we are hopeful that this investigation leading to this arrest and maybe others because it is not a a one-person operation and will finally get justice for the four brave americans who lost their lives and in this terrorist attack in benghazi, and we are pleased that secretary clinton will be coming before our committee. >> legal challenges -- what legal challenges could secretary clinton be facing? anytime somebody appears before congress under oath you have to be
,000 rubber duckies from china because they contained too much of a chemical used to make plastic soft and flexible. it's been linked to birth defects and infertility. >>> martha stewart got salmonella poisoning. wait until you hear how. also, the silver lining the domestic goddess says came from it all. ♪ ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more abou
in foreign affair, improving relations between the united states and china. trading relationships that are more favorable to the u.s. he may raise the specter of climate issue. it is not a good one when you are running for office. but it may look good in history, 50 years from now. trying to, you know, post sandy, how do you get your hand on working on this problem in a global way? i think you will see him use executive orders more and more. i doubt you will get the outstanding legislative second-term agend a. there is too much gridlock. he wants to get obamacare if place. he cannot afford in history to have that thwarted, his signature domestic achievement. >> shannon: we can't read their minds, how much does the legacy impact the presidents in their second term? >> gigantic. they all read presidential biographies, that's a hobby. they start to imagine how people are going to look at them. a field that i write on, conservation. bill clinton was showed a note card, theodore roosevelt's national parks and it had another car card with bill clinton and had two. so he started to use e
Search Results 0 to 12 of about 13 (some duplicates have been removed)